Plan Ledger DOL Form 5500 · updated monthly

Sapp Bros., Inc.401(k)

SAPP BROS., INC. RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.47%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Sapp Bros., Inc. reported $130,654 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,060 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 191st-largest of 565 plans among Nebraska employers on file, and the 1,011th of 5,215 in retail trade. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,508,594
Participants with balances790
Active participants884
Employer contributions$936,627
Employee contributions$2,785,835
Employer contribution per active participant$1,060
Average account balance$38,618
Benefits paid to participants$3,349,587
Plan auditUnmodified (clean) audit opinion
AuditorAGS & N, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 790 accts · $937K emplr
2023$25.7M · 743 accts · $868K emplr
2022$20.2M · 644 accts · $766K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,489
Investment management$64,165
Total administrative$130,654
The Sapp Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$1,060
Median for plans this size$2,416
2024$1,060 per active participant
2023$978 per active participant
2022$867 per active participant

Sapp Bros., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$66,489
USI ADVISORS INC · Investment advisory (plan)$64,165

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$130,654 · 0.47%
2023$111,781 · 0.49%
2022$101,260 · 0.46%
Similar plansRetail Trade · Nebraska
Baxter Shared Services, LLC NE$61.4M · 0.27%
21ST Century Equipment, LLC NE$42.6M · 0.02%
Speedway Motors, Inc. NE$36.7M · 0.11%
Eakes, Inc. NE$25.2M · 0.33%
Millard Lumber Inc. NE$21.3M · 0.47%
H&H Automotive LLC NE$21.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470720019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.